Polish fintech XTB (WSE: XTB) has introduced French PEA (Plan d’Épargne en Actions) accounts, targeting the country’s 7 million long-term investors. This follows similar tax-advantaged launches in Poland and the UK, as XTB shifts focus from active CFD traders – France has fewer than 30,000 – to passive investors.
PEA accounts offer tax benefits for EU/EEA stocks and ETFs. XTB will maintain its fee-free trading model (up to €100,000/month), positioning it as a competitive option.
“We want clients to invest flexibly, both short and long-term,” said CEO Omar Arnaout. “Tax-efficient accounts are often the best starting point.”
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The move aligns with XTB’s European passive-investment push, having previously rolled out Polish IKE and UK ISA accounts. The strategy is working: XTB hit record trading volumes in April amid market volatility and added 500,000 clients in 2024, with revenue up 16% to 1.9 billion PLN.
Next, XTB plans to expand multi-currency wallets and introduce crypto and options trading. With 1.5 million global users, the firm is betting on France’s untapped long-term investor potential.
